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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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The reconfiguration had been expected for months. Anwar is counting on it to help improve governing capacity and strengthen his relations with political allies. A key partner in…
The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
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DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
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The next general election is expected in January. The health of BNP leader Khaleda Zia, under house arrest, is reportedly deteriorating seriously. Separately, the United States…
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DOI: 10.1108/OXAN-DB282806
ISSN: 2633-304X
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The IMF forecast assumes UK interest rates peak at 6.0% (from 5.25% currently), and linger at 4.0-4.25% through to 2028. The IMF’s forecasts are similar to those of the Bank of…
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DOI: 10.1108/OXAN-DB282782
ISSN: 2633-304X
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Only India and China have higher projections. Indonesia recorded GDP growth of just over 5% year-on-year in January-March, with robust consumer and government spending helping to…
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DOI: 10.1108/OXAN-DB279723
ISSN: 2633-304X
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Critics say the move weakens the Bangladesh Election Commission (EC). The next general election will likely take place in January. The ruling Awami League (AL) continues to reject…
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DOI: 10.1108/OXAN-DB280323
ISSN: 2633-304X
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The staff-level agreement on the package was announced on June 29, the day before an Extended Fund Facility (EFF) arrangement which Pakistan had with the IMF expired with around…
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DOI: 10.1108/OXAN-DB280730
ISSN: 2633-304X
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The trip came just a few weeks after his victory in the presidential and parliamentary elections in May. The tour was part of Turkey’s push to improve ties with regional countries…
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DOI: 10.1108/OXAN-DB281223
ISSN: 2633-304X
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Among several factors, voters are disillusioned over persistent inflationary pressures and rising interest rates. The government’s image has also been damaged by its handling of a…